Law Offices of Howard G. Smith announces an investigation on behalf of Cable One, Inc. (“Cable One” or the “Company”) (NYSE: CABO) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CABLE ONE, INC. (CABO), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 1, 2025, Cable One released its first quarter 2025 financial results, revealing revenue which declined approximately 6% year over year, with residential data revenue declining 4.5% in the same period due to “decrease in residential data subscribers and a decrease in average revenue per unit ("ARPU") as a result of the implementation of targeted pricing and product offerings in certain markets.” The Company further disclosed there was “heightened churn associated with [its] billing migration activities” in the quarter.
On this news, Cable One’s stock price fell $109.48, or 41.8%, to close at $152.51 on May 2, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Cable One securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250508395551/en/
